Transcription of An Assessment - Reserve Bank of India
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Financial Inclusion in India An Assessment1 Overcoming poverty is not a gesture of charity. It is an act of justice. It is the protection of a fundamental human right, the right to dignity and a decent life. While poverty persists, there is no true freedom. Sometimes it falls upon a generation to be great. You can be that great generation. Let your greatness blossom. Of course, the task will not be easy. But not to do this would be a crime against humanity, against which I ask all humanity now to rise up." - Nelson Mandela The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little. - Franklin D. Roosevelt Poverty is the worst form of violence. - Mahatma Gandhi If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin.
scheduled commercial banks, co-operatives and regional rural banks, introduction of mandated priority sector lending targets, lead bank scheme, formation of self-help groups, permitting BCs/BFs to be appointed by banks to provide door step delivery of banking services, zero balance BSBD accounts, etc.
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